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#456676 - 02/17/17 06:14 PM Re: New Agent, how much should I expect to make part time [Re: Vermont]
zhenbuxianghua Offline
Junior Member

Registered: 02/15/17
Posts: 9
Loc: Poughkeepsie, NY
so even if the buyer and I sign the buyer agency agreement someone else can still jump in?

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#456677 - 02/17/17 06:22 PM Re: New Agent, how much should I expect to make part time [Re: zhenbuxianghua]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7774
Loc: Vermont's North-East Kingdom
Originally Posted By: zhenbuxianghua
so even if the buyer and I sign the buyer agency agreement someone else can still jump in?

That shouldn't happen IF it's an Exclusive Buyer Agency; but some people still use OPEN Buyer Agency Contracts, which allows the Buyer freedom to wander among many suitors.

And few Buyers will sign any Contract with any Agent who hasn't even fulfilled one appointment with them . . . . but some people will sign just about anything that's put in front of them !

It's not an issue if you're there and already providing quality and timely service that no one else can compete with; but you do have to be there.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#456720 - 02/20/17 07:10 PM Re: New Agent, how much should I expect to make part time [Re: zhenbuxianghua]
MOMO Offline
Member

Registered: 03/02/13
Posts: 409
Loc: USA
Originally Posted By: zhenbuxianghua
so even if the buyer and I sign the buyer agency agreement someone else can still jump in?


If you abandon your Clients (do not show them property when THEY WANT TO VIEW THEM) then yes, Clients can and sometimes do jump to another agent and good luck in trying to get a commission if they do

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#456767 - 02/26/17 07:41 PM Re: New Agent, how much should I expect to make part time [Re: zhenbuxianghua]
estatereal Online   content
Major Contributor

Registered: 01/27/07
Posts: 3126
Loc: LAND OF THE FREE!
Tbh I dont feel so bad for you based on your situation. I feel bad for those who might place their trust in you thinking they have an expert.

The questions you are asking should be posted in the aspiring agents portion instead of the agents and brokers section.

At least tons of bad agents out there make my job easier. If everyone were great then it would be harder to shine.


PS...about telling your broker what your schedule is????? Your clients r the ones that you should tell...

Not sure about you but I would not trust a part time __________(fill in anything important)

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#458013 - 06/07/17 04:35 PM Re: New Agent, how much should I expect to make part time [Re: zhenbuxianghua]
LoganRealty Offline
Member

Registered: 06/02/17
Posts: 32
Loc: Santa Monica, CA
It depends on where you are selling. Higher priced areas = bigger commissions. It also matters if you have a good broker who can help you get started with buyer leads. Then, it's about hustle, hustle, hustle. If you aren't afraid of getting on the phone and cold calling sellers, you might make a practice for yourself. Relying on Open House leads might be hard.

I read somewhere that the "average" agent makes like $25k per year. That sounds dismal. I suspect those are folks who give up or are not particularly motivated. I made $65k my first year and doubled it in the second.

Good Luck!
_________________________
Santa Monica Realty by the Sea

Top Recommend: Use a dedicated GPS mileage tracker - not an app - to track your miles.

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#458014 - 06/07/17 04:36 PM Re: New Agent, how much should I expect to make part time [Re: MOMO]
LoganRealty Offline
Member

Registered: 06/02/17
Posts: 32
Loc: Santa Monica, CA
Buyer Agreements are more "like guidelines" than real contracts. It's more to impress upon the Buyer that they are taking up your time and owe you a bit of loyalty. It never holds up in mediation, though.
_________________________
Santa Monica Realty by the Sea

Top Recommend: Use a dedicated GPS mileage tracker - not an app - to track your miles.

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#458015 - 06/07/17 06:29 PM Re: New Agent, how much should I expect to make part time [Re: LoganRealty]
Vermont Offline
Major Contributor

Registered: 04/12/08
Posts: 7774
Loc: Vermont's North-East Kingdom
Originally Posted By: Mileage Pro
Buyer Agreements are more "like guidelines" than real contracts. It's more to impress upon the Buyer that they are taking up your time and owe you a bit of loyalty. It never holds up in mediation, though.

This sounds like a valid answer . . . . but not for the question in this thread.
_________________________
Dale C. Hittle of GOLDEN RULE PROPERTIES in Glover, Vermont
Where We're Always Striving To Put Together "THE FAIR DEAL"

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#458790 - 08/16/17 12:58 AM Re: New Agent, how much should I expect to make part time [Re: zhenbuxianghua]
Aftermath Offline
Member

Registered: 01/08/07
Posts: 104
Loc: Ca
Are there on call agent assistants or an assistant that works with multiple agents?

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